Indraprastha Gas Q4 PAT seen up 9% YoY to Rs. 206.3 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil, Gas & Consumable Fuels sector. The brokerage house expects Indraprastha Gas to report net profit at Rs. 206.3 crore up 9% year-on-year (down 7% quarter-on-quarter).

Net Sales are expected to increase by 25 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 1,523 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 323.1 crore.

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